05/17/2011 Intraday Watering

[StrikePrice]

Not looking good Bulls!

I think the 15min channel is more relevant.

I'm looking for the rebound to at least make it to the 50EMA on the 15min.

[Tabby]

we went from 1323 to 1325, missed 1324???????????

[soku]

we back to the 1326 res. i think we can see 1327.25.
have to admit i see a series of hlhh

[Cobra]

i think qqq 60 min chart is more clear why I think the rebound eventually would fail - the push down was simply way too strong.

[Cobra]

good very good, the 3rd push up is way strong so could be more, we'll have to wait and see.

[agnosia]

great call cobra

[soku]

we back to the 1326 res. i think we can see 1327.25.
have to admit i see a series of hlhh

1327.25 hit. me out
need to go for a meeting. see u tomorrow

[viewer]

Only get 1/3 in.

[BullBear52x]

Not looking good Bulls!

I think the 15min channel is more relevant.

I'm looking for the rebound to at least make it to the 50EMA on the 15min.

I think they want to keep the doji (daily) alive today. I am simple, trade above 200ma intraday 1min is bullish with key support and vise versa on the down side, as long the trend is moving I am happy. in tolday's case, I can consider it as reversal move, I favor a move side ways to up for now. I am still shorting but I wlll get out today unless it trades right back below 132.56 I might just lighten up if not all.

[Cobra]

no idea what's next, wait and see. volume surge, channel resistance, so theoretically should be some pullback here but if the trend is strong, then nothing matters, I don't know which case we're in now, so need wait and see.

[KENA]

OK!!!This last push up got rid of a lot of non beliveres.Now lets see.

[WesMantooth]

60 min MACD getting ready to cross to the upside

[uempel]

Checking out what's going on:

[BullBear52x]

no idea what's next, wait and see. volume surge, channel resistance, so theoretically should be some pullback here but if the trend is strong, then nothing matters, I don't know which case we're in now, so need wait and see.

3 push up done?

[Cobra]

no idea what's next, wait and see. volume surge, channel resistance, so theoretically should be some pullback here but if the trend is strong, then nothing matters, I don't know which case we're in now, so need wait and see.

3 push up done?

yes, but the last push was too strong, so hard to say now.

[Cobra]

mini pullback target should be at least equal to the previous 2? No idea, just a wild guess.

[StrikePrice]

This market is moving fast!

My rebound target hit sooner than I expect. Everything happening faster than expect.

Volume has really picked up going into crazy time.

Not looking good Bulls!

I think the 15min channel is more relevant.

I'm looking for the rebound to at least make it to the 50EMA on the 15min.

I think they want to keep the doji (daily) alive today. I am simple, trade above 200ma intraday 1min is bullish with key support and vise versa on the down side, as long the trend is moving I am happy. in tolday's case, I can consider it as reversal move, I favor a move side ways to up for now. I am still shorting but I wlll get out today unless it trades right back below 132.56 I might just lighten up if not all.

[KENA]

I read where Big Ben is pumping $ into the mkt. I think he will fail.When will they leave the mkt alone so we can get back to norm.

[BullBear52x]

One thing very important to note is the very push up of reversal should move the RSI from bearish over sold right up over 70, in show of true strength, not this time. I am shorting on.

[gabor]

This is a USOil Chart. The price attempted to break down $95 three times. Failed. Now the trendline may or may not be broken.